Economy | Omanet

South Korean President Lee Jae Myung's visit to India aims to boost bilateral economic ties, focusing on shipbuilding, finance, AI,

The Sultanate of Oman has secured international recognition for its prized frankincense by registering it as a geographical indication (GI)

Five upstream oil and gas blocks totaling around 48,000 sq km are open for investment in the 2026 Oman Licensing

Ooredoo Oman, led by CEO Saud al Riyami, is transforming into a full-spectrum digital infrastructure company under Vision 2040. Key

The US-Israeli war on Iran threatens lasting environmental damage in the Gulf, warns a report by the Arab Gulf States

The price of Oman crude for June delivery fell to $97.51 on Monday, down $4.40 from last Friday's $101.91. April's

The African Bank of Oman was established in Luanda, Angola, to strengthen Oman's financial presence in Africa, aligned with Vision

Oil prices surged as Middle East tensions rose, limiting Gulf shipping. Brent crude jumped 6% to $95.36/barrel. US and European

Oman is set to boost exports of silica sand, vital for solar panel and electronics industries, following a logistics agreement

The third Aluminium Scrap Recycling Symposium, organised by Sohar Aluminium and the Environment Authority, will start on April 22 at

Blog